Page 20 - Supply Chain

TVS SCS set to float Rs 5,000 crore IPO once Sebi nod comes through

The TVS Group's family recast deal got final nod from NCLAT, based on which each of the four family groups got ownership of the businesses they were managing, scrapping the holding company format

TVS SCS appoints Ravi Viswanathan managing director effective Feb 7

R Dinesh, the fourth-generation TVS Scion, would continue to guide the company in his new role as the Executive Vice Chairman

Shipping company Maersk expects supply chain chaos to buoy 2022 profits

Maersk said last month that it had been overtaken by Swiss-based container group MSC as the world's biggest shipper

UK, South Korea to sign deal to strengthen supply chains for key products

Monday's meeting is a precursor to formal trade negotiations, which are expected to begin later this year, to improve an existing agreement

Economic Survey: Policy-makers saw Covid disruption as supply side problem

Survey says incorrect to view pandemic-led disruption as merely a demand shock, defends supply side measures put in action by govt as a policy response to the pandemic.

Apple makes easy escape from supply crisis, but others may have to wait

The iPhone maker on Thursday posted record results largely boosted by sales of its premium phones

Pragmatism on investment

India should accept the reality of supply chains

Spread of Omicron cases may disrupt global supply chain: EEPC India

Engineering Export Promotion Council of India has expressed concern that the spread of Omicron, the new variant of coronavirus, may once again disrupt the global supply chain

Supply side constraints dent India's auto sector December sales

The sectors' current off-take of passenger vehicles, two-and-three wheelers were far behind the 2019 sales levels

German trade group fears 'massive disruption' in supply chain over Omicron

Industry has been hit by supply shortages of microchips and other components, while rising coronavirus cases are clouding the outlook for retailers.

Supply chain visibility player FourKites looks to expand presence in India

The company is credited to have tracked 2.5 mn global shipments daily in 2021 and boasted of ties with 50% of the fortune 500 giants during the year

How Tesla weathered global supply chain issues that knocked rivals

San Francisco (Reuters) -Tesla Inc's ability to design components in-house gave the automaker agility in making tweaks to parts and coping with supply chain issues that hit other automakers much harder, sources and experts said.

Fearing the axe in 2022: Top CEOs sweat supply chain more than Covid

Big bosses are always worried about losing their jobs, especially at public companies, where the potential for a sudden adios comes with the cushy chair

Digital supply chain financier Veefin raises $3 mn in Series A funding

The Series A funding will be used to build product and engineering teams to enhance SCF technology based on the market's evolving dynamics, said Veefin.

India's year-long curb on futures trade threatens food supply chain

The ban on access to futures contracts may fuel volatility in domestic markets

We'll be clocking 100 mn users on Shopsy by next year: Flipkart Senior VP

In a Q&A, Prakash Sikaria dwells on Flipkart's social commerce platform Shopsy's plans to become the country's largest grocer

Gati-KWE opens its largest surface transhipment centre in Farukh Nagar

Gati-KWE plans to set up five more similar STCs at Mumbai, Nagpur, Indore, Bengaluru and Hyderabad in the near future.

Canadians to pay much more for food in 2022 amid supply chain issues

Canadians are expected to see the biggest annual increase in food bills on record as supply chain issues caused by the Covid-19 pandemic have wreaked havoc on the prices and availability of items

If Tesla has got troubles with supply chain, everyone should worry

Company is struggling to procure a raw material only available in China, for a battery cell that it's trying to develop in-house.

Employee group cuts UK economic growth forecast, cites supply chain pain

Britain's economy looks set to grow more slowly than previously thought this year and in 2023 due to global supply chain problems